Ontario Mortgage Rates

Click Here to read the June 1, 2010 Bank of Canada Announcement

In this issue

Current Rates

How do you get the best rate?

Bank of Canada March 02, 2010

We specialize in making it easier
to get a better mortgage

We offer a level of specialized knowledge and service that far surpasses what you've come to expect from your own bank. We recommend mortgages from a variety of different sources. We shop every available lender to make sure you get the most attractive rate and features. And best of all, our professional advise and assistance is free⁽²⁾

Great Mortgage Rates

5-year vs. Bank Prime comparison chart

Taking the guesswork out of adjustable rate_mortgages

Mortgage Calculators

Don't Pay Bank Posted Rates!

Effective: January 4, 2011
Up to 35 (Insured) and 40 year (conventional) amortizations available

Term	Don't Pay PostedBank Rates⁽¹⁾	Mortgage Intelligence's Great Rates⁽²⁾	Payment Factor⁽³⁾ (25 yrs)
6 mo	4.45%	3.95%	$5.23
1 year	3.35%	2.75%	$4.61
2 year	3.60%	3.20%	$4.84
3 year	4.25%	3.59%	$5.04
4 year	5.19%	3.79%	$5.15
5 year	5.44%	*3.79%* ⁽⁵⁾	$5.15
7 year	6.09%	4.75%	$5.67
10 year	6.40%	5.15%	$5.90
Prime Rate	3.00%	Adjustable Rate Mtg2.30%⁽⁷⁾	Prime -.70%

⁽¹⁾ Market rate is the posted rate offered by the majority of Canadian financial institutions

⁽²⁾ OAC - CMHC Approved Lenders. Rates subject to borrower, property qualification & change without notice. E. & O. E.
⁽³⁾ Payment factor per $1,000 based on a 25 year amortization

⁽⁴⁾OAC - CMHC Insured Quick Closing before June 30, 2010

⁽⁵⁾OAC - certain conditions apply - CMHC up to 120 day commitment

⁽⁶⁾OAC - certain conditions apply - Conventional 120 day commitment
⁽⁷⁾ Adjustable Rate Mortgage aka: Variable Rate Mortgage